IE Code Registration
Overview of IE Code Registration
- IE Code Registration (Import and Export Code registration) is required by a person for exporting from outside India or importing goods to India. The Importer -Exporter Code (IEC) is a mandatory key business identification number for Exports or Imports. IEC Number is granted by the Directorate General of Foreign Trade (DGFT), Ministry of Commerce.
- Export or import shall be made without obtaining an IEC unless specifically exempted. However, IEC shall not be necessary for services exports except when the service provider is taking benefits under the Foreign Trade Policy. In import or export of assistance or technology, the IEC shall be required only when the service or technology provider benefits under the Foreign Trade Policy or deals with specified services or technologies.
- It is a unique 10 digit number which is issued to any person or company by the Directorate General of Foreign Trade (DGFT), MSME registration part of the Ministry of Commerce and Industry.
- Import Export code is valid for a lifetime, so there is no need for renewal. Every person or company located anywhere in the country and required to import something into India or export something from India needs a proper IEC from DGFT.
- Hence, this IEC code or number is essential unless expressly exempted for participating in any international business or trade involving financial transactions. Here, it is noted that now IE Code registration is also obligatory for any individual (professional, freelancer, trader, etc.) directed to make any commercial dealing and financial marketing with any foreign person or company via PayPal or other means, at any point of times@RegistrationShops.
- IE code, Apeda registration holder does not require any kind of annual filing or return filing.
Documents required for IE Code registration
Proprietor/Partners/Directors Aadhaar card.
Proprietor/Partners/Directors Pan card.
Latest company located rental or lease agreement and eb bill (For rental place), or Eb bill and property tax receipt (For own place)
Company name pre-printed cancelled cheque or Bank letter
Benefits of IE Code Registration
No Renewal Required
Applying IE Code is one-time process requires no renewal. Hence, IE Code is life time registration.
No Returns Filing
IE Code neither requires any kind of returns filling nor any further procedural compliances.
Export Promotion Councils in India (RCMC Boards)
APEDA - Agricultural and Processed Food Products Export Development Authority
Spices Board
AEPC - Apparel Export Promotion Council
CHEMEXCIL - Basic Chemicals, Cosmetics and Dyes Export Promotion Council
CEPC - Carpet Export Promotion Council
CEPCI - Cashew Export Promotion Council of India
CAPEXIL - Chemicals and Allied Products Export Promotion Council of India
Coffee Board
Coir Board
CLE - Council for Leather Exports
EEPC India - Engineering Export Promotion Council of India
EPCH - Export Promotion Council for Handicrafts
GJEPC - Gem and Jewellery Export Promotion Council
HEPC - Handloom Export Promotion Council
IOPEPC - Indian Oilseeds and Produce Export Promotion Council
ISEPC - Indian Silk Export Promotion Council
JPDEPC - Jute Products Development and Export Promotion Council
MPEDA - Marine Products Export Development Authority
PHARMEXCIL - Pharmaceuticals Export Promotion Council of India
Rubber Board
PDEXCIL - Powerloom Development and Export Promotion council
PEPC - Project Exports Promotion Council of India
SEPC - Services Export Promotion Council
SHEFEXIL - Shellac and Forest Products Export Promotion Council
SGEPC - Sports Goods Export Promotion Council
TEXPROCIL - The Cotton Textiles Export Promotion Council
PLEXCONCIL - The Plastics Export Promotion Council
SRTEPC - The Synthetic and Rayon Textiles Export Promotion Council
Tea Board
Tobacco Board
WWEPC - Wool and Woolens Export Promotion Council
Wooltexpro - Wool Industry Export Promotion Council
Electronics and Computer Software Export Promotion Council
Export Promotion Council for EOUs & SEZs
FIEO - Federation of Indian Export Organisations
Coconut Development Board
TEPC - Telecom Equipment and Services Export Promotion Council
IE Code registration fees structure
Basic
Rs2000
- IE Code Registration without DSC
- GST Registration
- LUT Registration
- MSME Registration
Standard
Rs3500
- IE Code Registration with DSC
- GST Registration
- LUT Registration
- MSME Registration
Premium
Rs5000
- IE Code Registration with DSC
- GST Registration
- LUT Registration
- MSME Registration